The income-restricted housing complex Libertad Austin opened this fall with 198 affordable apartments in East Austin.

“Today’s grand opening signifies opportunity, freedom—or Libertad, a name fitting for this new community. This development means more families in stable homes that they can afford," council member José Velázquez said at a Nov. 7 ribbon-cutting event.

The overview

Located at 900 Gardner Road, the Vecino Group -developed Libertad features a mix of one-, two- and three-bedroom units for tenants earning up to 30%-60% of the local median family income, or MFI. The Austin area's MFI is currently $133,800 for a four-person household.

A share of the complex's nearly 200 units is also reserved for tenants exiting homelessness. The Housing Authority of the City of Austin de

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